THE MARGATE HEALTH & REHAB CENTER — financial and operating metrics

CCN 345296, JEFFERSON, NC · Medicare cost reports, FY2022–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024
Total facility bedsunverified210210210
Total bed days availableunverified76,65076,65076,860
Total inpatient daysunverified40,21341,79945,596
Total patient revenue (gross charges)unverified$12,776,717$13,459,013$14,890,409
Contractual allowances and discountsunverified$-1,865,377$-1,936,780$-1,165,610
Net patient revenueunverified$14,642,094$15,395,793$16,056,019
Total operating expensesunverified$14,202,330$15,374,088$16,252,770
Net income from service to patientsunverified$439,764$21,705$-196,751
Net income (loss) for the periodunverified$1,737,757$99,890$-153,460
Operating marginunverified3.0%0.1%-1.2%
Occupancy rateunverified52.5%54.5%59.3%
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